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Analysis: The top sporting goods industry performers by sales and profit in Q2 2024
One-third of the companies – 15 in all – reported a net loss in the reporting period closest to June 30 in Q2 2024. Find out more with our latest scorecard.
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SGI Europe Executive Edition: Vol 35 - 35+36+37
Under Armour revises FY outlook | Topgolf Callaway intends to split up the company | Foot Locker to close or relocate stores due to declining results in Q2 | Foot Locker customer prioritizes discretionary spending on footwear | Hummel outfits new big team and sets German record | Intersport Sweden gets new owners | Premiere for XXL’s new concept as chain opens new department store | Norway’s largest sports retail chains recorded a 3.8% decline in sales in Q2 | Puma has a new Senior Vice President Group Sourcing | New Head of Wholesale Central Europe for Ecco | New features for Google Chrome | Desport returns Decathlon goods to Russian store shelves | Lululemon drops FY outlook on more ‘cautious consumer landscape’ | Macron enters another new national sponsorship agreement | Two Shein suppliers used child labor in 2023 | Anta Sports reports flat H1 operating profit despite 14% sales growth | Xtep Intl. moving forward with three-prong strategy in China | Decathlon invests €100m to expand presence in India | Globe eyes stronger sales outside Australia in FY25 | Fresh relaunch of Elho and its Freestyle collection
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Zumiez Q2 results improve as North American comps rise high-single digits
The Q2 net loss of $847,000 was 90% better than the year-ago loss of $8,509,000.
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SGI Europe Executive Edition: Vol 35 - 23+24
Analysis: The top sporting goods industry performers by sales and profits in 2023 | Analysis: The latest inventory levels in the Sporting Goods Industry, Q1 2024 | Lululemon business healthy; US dip caused by internal product, color issues | JD Sports bolsters North American presence, reports revenue growth ahead of Hibbett Acquisition | Foot Locker reaffirms FY outlook as ‘Lace Up’ strategy begins gaining traction | Zumiez sees improving trends, another loss in Q1 | Despite unsatisfactory 2023 result, Hummel’s CEO aims for top 10 market position | Athleta delivers for Gap Inc. in Q1 | Authentic Brands Group to acquire Champion from Hanesbrands | Sports fashion giant rises as New Era takes over ’47 | Foot Locker to spend as much as $1 billion on stores | XXL and Frasers Group forge strategic partnership | Golden Goose plans IPO in Milan in June | Authentic and Beaumanoir announce partnership for Boardriders brands in Western Europe | Cisalfa opens first Intersport Superstore to strengthen presence in Italy | Russian sporting goods industry is hit with a labor shortage | IOC might be losing a big sponsor
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Analysis: The top sporting goods industry performers by sales and profits in 2023
Annual profitability fell by 10.4 percent in 2023, with a decline in annual revenues of almost 3 percent. Find out more in our latest scorecard.
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Zumiez sees improving trends, another loss in Q1
US retail group Zumiez, which operates 86 Blue Tomato doors across the EU, narrowed its Q1 operating loss and realized improving sales and merchandise margin trends. “Our Q1 results are a further indication that we are progressing towards positive comparable sales and improved profitability,” Zumiez CEO Rick Brooks said. ...
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Blue Tomato brings in new Head of HR
Source: Blue Tomato Ramona Ramsauer As the new Head of Human Resources at Blue Tomato, Ramona Ramsauer is now responsible for all “People & Culture” agendas at the Austrian board sports and lifestyle specialist based in Schladming (with additional headquarters in Graz and Vienna). Ramsauer gained international ...
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Analysis: The top sporting goods industry performers by sales and profits in Q4 2023
Quarterly losses were much reduced in Q4, but overall results were still negative. Find out more in our latest scorecard.
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Zumiez shifts European strategy, reports FY23 loss on lower sales
Zumiez, the operator of Blue Tomato stores in Europe, is moving forward with a new strategy for the continent that will focus more on “enhancing the productivity of its existing business” across the region and less on aggressive store expansion, given the associated costs of opening new doors. “With ...
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Blue Tomato expands presence in Italy: three new stores opened
After entering the Italian market with the opening of its very first store in Trento last May, Austria-based board sports and lifestyle specialist Blue Tomato, part of US-based Zumiez, has opened three more stores in Milan, Bergamo and Udine before the end of 2023. With over 850 employees and more ...